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Vijaya Bank to raise Rs 1,300 cr via bonds in FY18

According to the bank's website, it had a network of 2,031 branches, 13 extension counters and 2,001 ATMs.

Press Trust of India  |  New Delhi 

Vijaya Bank gets shareholders' nod to raise Rs 900 cr

Public sector lender said today that its board has approved raising Rs 1,300 crore via in the current fiscal under the Basel III global capital adequacy norms.

"...the board has accorded its approval for raising Rs 1,300 crore by way of additional tier 1 under Basel III for the financial year 2017-18 (revised additional capital requirements amounting to Rs 1,000 crore in addition to Rs 300 crore already approved by the board)," the said in a filing.


According to the bank's website, it had a network of 2,031 branches, 13 extension counters and 2,001 ATMs as on March 31, 2017 across the country.

First Published: Sun, December 03 2017. 15:00 IST
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